Search homes for sale in Lakewood, CO, known for its stunning views of the Rocky Mountain foothills, abundant outdoor recreation, and convenient proximity to both downtown Denver and the mountains.
Lakewood, CO Housing Market Trends
In July 2025, Lakewood’s housing market showed signs of moderation, with median home prices falling 3.5% year-over-year to $570K, offering buyers slightly more affordability in a city long valued for its foothill views and suburban convenience. Homes are now spending an average of 25 days on the market compared to 18 days last year, suggesting less urgency and more balanced negotiations between buyers and sellers. At the same time, overall sales volume declined, with 175 homes sold versus 211 last year, reflecting the impact of higher borrowing costs and cautious buyer sentiment. Together, these trends point to a cooling yet resilient market, where demand remains but is tempered by economic conditions.
Lakewood’s housing market remains very competitive, with homes typically selling in just 23 days, highlighting the strong demand for properties in this sought-after community. Many listings attract multiple offers, and in some cases, buyers waive contingencies to strengthen their position and secure a deal. On average, homes sell for about 1% below list price and go pending within 23 days, showing that while buyers have some room to negotiate, sellers still benefit from steady interest. However, “hot homes”—those priced well or located in highly desirable neighborhoods—can move much faster, often going under contract in as little as 6 days at or near list price, underscoring the need for buyers to act quickly when the right property becomes available.
Lakewood, CO is a seller’s market in July 2025, meaning buyer demand continues to outpace the number of available homes for sale. This creates favorable conditions for sellers, as limited inventory often leads to faster sales, stronger negotiating power, and the potential for multiple offers. For buyers, it translates into a more competitive environment where preparation, quick decision-making, and strong offers are essential to securing a property in this high-demand area.
For detailed, up-to-date information on buying a house in Lakewood, including legal considerations and market trends, you can talk to us.
Lakewood sits along the base of the Rocky Mountain foothills, making mountain views and quick access to outdoor recreation a major driver of property values. Homes closer to Green Mountain, Bear Creek Lake Park, or the Hogback often command a premium due to their scenic settings and trail access. Buyers should weigh the lifestyle benefits of foothill living against higher prices and sometimes steeper terrain.
The Belmar shopping and entertainment district is Lakewood’s urban hub, offering dining, retail, and cultural events. Properties near Belmar often appeal to buyers who value walkability and vibrant community amenities. These homes can carry higher demand and rental potential, making proximity to Belmar an important consideration for both lifestyle and investment purposes.
Lakewood is directly served by RTD’s W Line light rail, connecting residents to downtown Denver in about 20 minutes. Living near a station can reduce commuting stress and boost long-term property value. Buyers should consider how close a property is to transit, especially if work or activities regularly bring them into Denver’s urban core.
Lakewood is part of Jefferson County Public Schools, one of Colorado’s largest districts. While the district is extensive, school ratings and specialized programs vary by neighborhood. Families should pay close attention to school boundaries, as they can impact both daily convenience and long-term property desirability.
Lakewood has a mix of mid-century homes, newer subdivisions, and infill developments. Older homes may offer larger lots and mature landscaping but can require updates to meet modern energy efficiency and design expectations. Newer developments often provide open floorplans and updated systems but may come with higher HOA fees or smaller lot sizes. Buyers should consider which trade-offs align best with their lifestyle.
The city has abundant parks, reservoirs, and greenbelts that enhance quality of life and property appeal. However, areas near creeks and lakes may fall within designated floodplains, requiring special insurance and maintenance considerations. Evaluating both the recreational advantages and potential risks of living near natural areas is key when buying in Lakewood.
Whether you’re drawn to Lakewood’s foothill views, vibrant Belmar District, or convenient access to Denver, our team is here to guide you through every step of the buying process. If you have questions about the market or want to schedule a showing, contact us today and let’s explore the best properties Lakewood has to offer.
From scenic foothill communities to lively urban hubs like Belmar, Lakewood offers a diverse range of neighborhoods for every lifestyle. Browse our complete neighborhood guide to discover the amenities, schools, and housing options that make each area unique, and find the perfect place to call home.
Partner with Mile High Home Group and experience a dedicated, collaborative approach to real estate. From initial consultation to closing, we’re here to listen, guide, and help you achieve success in every step of your journey.
